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Medibank Private Ltd ADR

Profile

Previously owned by the Australian government, Medibank is the largest health insurer in Australia. Its two brands, Medibank Private and ahm, cover over 3.9 million people. Medibank joins Australia's fourth-largest health fund NIB Holdings as the only listed health insurer. The firm provides life, pet, and travel insurance, as well as health insurance for overseas students and temporary overseas workers. The complementary services division provides healthcare services to businesses, governments, and communities across Australia and New Zealand.